MGM Resorts International is projected to report Q3 2026 revenue of $4.25 billion and earnings per share of $0.15, with the stock currently trading near $28.22 against a consensus analyst price target of $44.00.
Investors are primarily focused on the company's ability to maintain margins at its Las Vegas Strip properties and the growth trajectory of BetMGM, which recently reported a 7% year-over-year revenue increase in a preliminary update.
The stock has underperformed recently following the withdrawal of an $18 billion take-private proposal by Barry Diller’s People Inc. in late September. Analysts are also watching for the impact of room renovations at the MGM Grand and signs of resilience in high-end consumer spending across domestic and international markets.